The airline still plans to modernize its hub airport facilities, especially the new $1.2-billion Detroit Midfield complex, says CEO Richard Anderson. Northwest, like the rest of the airline industry, continues to experience the impact of a weak US economy that has resulted in reduced businesstravel, Anderson adds.
With annual revenues in excess of $11 billion and more than 53,000 employees worldwide, Northwest Airlines is the world's fourth-largest airline, with hubs at Detroit, Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam.
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